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House in Orihuela Costa, 3 bedrooms, 99 m² €395.000

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3
Bedrooms
3
Bathrooms
99 m²
Surface area
€
€3990
Price per m²
House
Property type
House in Orihuela Costa, 3 bedrooms, 99 m² - Hoofdafbeelding
House in Orihuela Costa, 3 bedrooms, 99 m² - Afbeelding 1
House in Orihuela Costa, 3 bedrooms, 99 m² - Afbeelding 2
House in Orihuela Costa, 3 bedrooms, 99 m² - Afbeelding 3
+10 photos

Analysis

Price
€395.000
Own investment (30%)
€118.500
Buyer costs
€39.500
Estimated nightly rate
€123,22
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€737,33
Maintenance costs
-€82,50
Cleaning costs
-€333,33
Platform fees
-€331,69
Municipal taxes
-€101,54
Tax (19%)
-€118,73
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€123,22
High season
€157
Mid season
€119,50
Low season
€96

Price determining factors

  • Property condition: Modern, move-in ready condition enhances value.
  • Local market trends in 2027: Rising demand for coastal properties supports higher prices.
  • Property type: Apartments in a popular area attract higher prices.
  • Economic outlook in 2027: Economic growth supports higher property prices.
  • Demographic developments: Growing expatriate and retiree populations increase demand.
  • Infrastructure plans in 2027: Improved infrastructure boosts property values.

Comparable accommodations

Rate Hotel / apartment Distance
€185,60 Villa El Loto Blanco 16.5 km
€150,33 Villa Lindal - upper part of Ciudad Quesada. 20.4 km
€196,40 La Manzana - Villa with Private Pool 12.0 km
€246,60 Exclusive New build Villa with jacuzzi and pool 18.6 km
€98,40 Nature Views Luxury Villa - 3BR en Pool 21.9 km
€379 Beautiful 220m2 Villa, heated pool, great views! 20.4 km
€117,40 Cabo Roig La Zenia 3 bedroom, pool, roof terrace 25.5 km
€131,29 3 Bedrm Villa with pool - Costa Blanca 19.0 km
€177 Modern garden villa with private heated pool 19.9 km
€110,86 Villa Valerie 21.1 km

Return & Value appreciation

Annual return

5.13%

5 Year Return

25.65%

10 Year Return

51.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartments with high-quality finishes are likely to appreciate steadily.
  • Local market trends in 2027: Growing demand for coastal properties in Orihuela Costa due to tourism and expatriate influx.
  • Property type: Apartments in a desirable location near beaches and amenities tend to appreciate more.
  • Economic outlook in 2027: Spain's economy is expected to recover and grow, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand for holiday and permanent homes.
  • Infrastructure plans in 2027: Ongoing improvements in transport, amenities, and local services enhance property values.
  • Historical WOZ value trends: Consistent increases in local property taxes reflect rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home features for modern appeal.
  • Enhance outdoor space with landscaping or a terrace upgrade.
  • Improve energy efficiency with solar panels or better insulation.
  • Renovate bathrooms for a more luxurious feel.

Description

Discover exceptional new homes in Orihuela Costa, Spain, just 500 meters from the stunning Mediterranean beaches. These modern apartments in the popular Playa Flamenca area offer the perfect blend of comfort, convenience, and coastal living. Whether you're seeking a holiday retreat or a permanent residence, these properties are ideal for enjoying the vibrant lifestyle of Orihuela Costa. The residential complex features spacious studios and three-bedroom apartments, each with private terraces of approximately 21 m² to soak up the glorious Mediterranean sunshine. Every unit includes a parking space, storage room, and pre-installed air conditioning, ensuring year-round comfort. Residents benefit from gated access, beautifully landscaped communal gardens, sparkling pools, and relaxing jacuzzis, complemented by an elevator for easy access to upper floors. Located close to local amenities such as supermarkets, bars, and restaurants, these homes are perfect for those who value convenience. Golf enthusiasts will appreciate nearby courses like Villamartin and Campoamor, both within 5 km, and shopping at Zenia Boulevard just 1 km away. Orihuela Costa is renowned for its pristine beaches, family-friendly environment, and excellent golf courses, making it a top choice for property buyers in Spain. Invest in a property in Orihuela Costa, where natural beauty meets modern infrastructure, providing an exceptional lifestyle on the Costa Blanca.

Location

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